After months of wrangling and a marathon meeting yesterday, European finance ministers have agreed on a $170 billion bailout deal for Greece. It'll save the country from a messy default, but the terms of the deal are painful.

Hans Humes is one of the private creditors who is now taking a 74 percent haircut on the Greek debt he owns. He explains what that means, and why he invested.

The second bailout deal for Greece seems imminent, but it still won't bring a total end to the debt crisis.

European finance ministers are meeting in Brussels today. They're expected to finally approve a new bailout loan package for Greece. The price tag: $170 billion.

As Greece faces yet another deadline to adopt more austerity measures and reforms, some Greeks have turned to satire and song to express their frustration and fury over the country's continued economic misery.

There is no end in site yet for Greece, who still might not receive the bailout they need to keep their country running.

The future of Greece hangs in the balance as it is still uncertain whether they will be able to dig themselves out of their debt hole — with a lot of help from the rest of Europe.

A big meeting today in Europe that was supposed to continue talks on the Greek debt crisis has been delayed until next week. Now, leaders will join in a conference call to discuss the problem.

Many Greek citizens say they cannot bear any more austerity. Some are wondering what happened to all the money they borrowed in the first place. 

A meeting on the Greek bailout has been delayed. Eurozone leaders want more assurances from Greek leaders that they'll make the spending cuts they've promised. The news has triggered more frustration in Athens.